Quote:
Originally Posted by GrantDawg
I would guess that since the streaming is now carrying the brand and the CEO is staying there, they are about to make some big purchases that way. As someone mentioned earlier, purchase something like Hulu and maybe the rights to a couple of larger catalogs of movies/shows.
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Yeah, that's what most are expecting. They'll probably make a splash somewhere else to offset that loss. Dropping the DVD part removes a significant boat anchor from their neck. CEO's do these moves all the time to remove the bad part of the business from the good so the other has a bigger opportunity to excel. That doesn't always mean it works, but it's a common move.